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Chicago the only Midwest city to crack the list of nation’s highest rent communities

by Patrick Regan

Chicago has the No. 46 highest average rent in the country, according to a recent analysis by Rent.com.

Chicago’s average monthly rent is $2,904, a 19% increase from the previous year. Chicago is the only Midwest city to make the top 100 for rent.

The report noted most of the highest rent cities are on the West Coast or in the South. Forty-one of the top 100 communities for rent are in California and 15 are in Florida.

The 10 cities with the highest average rents:

  1. Jersey City, N.J. — $5,500 per month
  2. Boston — $4,878
  3. Palo Alto, California — $4,672
  4. Glendale, California — $4,472
  5. Santa Monica, California — $4,357
  6. Coral Gables, Florida — $4,310
  7. Hoboken, N.J. — $4,264
  8. Redmond, Washington — $4,222
  9. San Diego — $4,202
  10. Newport Beach, California — $4,178

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